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    3713 Sandpiper Rd Virginia Beach, VA 23456

    Sponsored
    For Sale
    $8,100,000

    21-Acre Beachfront Development Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 21.677-acre property in Virginia Beach, VA (APN 243-263-61400-000), presents a unique investment opportunity. Situated at the southernmost point of developable coastal land in Virginia, this site boasts breathtaking views and direct beach access via an existing easement. Located on the west side of Sandpiper Road, it enjoys a secluded setting adjacent to the Back Bay National Wildlife Refuge and the Sanctuary at False Cape condominium community. The property features 4.38 acres of developable uplands and includes 12 existing boat slips with potential for expansion. Zoned B-4, the land allows for a variety of high-density developments, including hotels, condominiums, multifamily residences, and short-term rentals, with a potential for up to 156 units. Utilities are available on-site. This offering provides unparalleled access to both the natural beauty of the refuge and False Cape State Park, as well as the urban amenities of Virginia Beach. The combination of prime location, zoning potential, and existing infrastructure makes this a truly remarkable development opportunity.

    Property Features for 3713 Sandpiper Rd

    General Information

    Property type
    Land
    Lot Size
    944,250 SF

    HighLights

    • Zoned B‑4 for up to 156 units.
    • Utilities on‑site.
    • Direct beach access via existing easement.
    • Secluded location adjacent to Back Bay National Wildlife Refuge and False Cape State Park.
    • Proximity to Virginia Beach amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Back Bay Getaways Boat Rental Service Sandbridge Life Realty ... Real Estate Agency SBH Real Estate ... Real Estate Agency 3713 Sandpiper Road Property Management Company Virginia Beach Watersports Boat Rental Service

    Suggested Use

    Realty agency Restaurant Accounting Firm Kitchen & Bath Bar & Pub Hotel & Motel Travel Agency Seafood Restaurant Bed & Breakfast Parking Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Virginia Beach
    County
    Virginia Beach City
    State
    Virginia
    Longitude
    -75.9268858
    Latitude
    36.6964932

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    FAQs

    What type of property is this?
    Land - 21-Acre Beachfront Development Opportunity
    Where is this land located?
    The property is located at 3713 Sandpiper Rd Virginia Beach, VA.
    What is the asking price?
    The asking price for this property is $8,100,000.
    What are key features of this property?
    This property features: Zoned B-4 for up to 156 units.; Utilities on-site.; Direct beach access via existing easement.
    (757) 640-2412
    Request Owner's contact information
    3713 Sandpiper Rd Virginia Beach, VA 23456
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    Virginia Beach, VA 23456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3713 Sandpiper Rd Virginia Beach, VA 23456
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